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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (5874)	3/18/2003 8:37:38 PM
From: Proud_Infidel	Respond to of 25522

SEMI book-to-bill hits 0.99 for February By David Lammers EE Times (03/18/03 06:33 p.m. EST) SAN JOSE, Calif. — Semiconductor Equipment and Materials International (SEMI) announced the book-to-bill ratio hit 0.99 in February, with $782 million in orders for the month. The SEMI Express Report issued Tuesday for February 2003 put the three-month average of worldwide bookings in February 2003 at $782 million, 6 percent above the revised January 2003 level of $739 million and 6 percent above the $737 million in orders posted in February 2002. The three-month average of worldwide billings in February 2003 was $793 million. The billings figure is 1 percent above the revised January 2003 level of $784 million and 3 percent below the February 2002 billings level of $818 million. "Bookings of new semiconductor manufacturing equipment have remained essentially flat for the last six months and as a result, a number of equipment manufacturers have announced plans for further consolidating and restructuring of operations and product offerings," said Stanley Myers, president and CEO of SEMI. "While the bookings outlook appears sluggish, over 20 new fabs are expected to begin production in the next two years."